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On May 18, BTC entered weak consolidation around $78K after pulling back from the $81K area, while ETH remained capped below $2.2K in a fragile recovery structure. Market sentiment slipped back into Fear territory, with capital continuing to concentrate in major assets. FIDA, DEGEN, and OPEN led gains across the Solana infrastructure, Base/Farcaster Meme, and AI onchain infrastructure sectors, respectively. On the industry side, the Senate Banking Committee advanced the CLARITY Act, Gate upgraded its prediction market ecosystem with enhanced smart money tracking features, and ICE together with CME pushed for tighter oversight on Hyperliquid’s onchain energy derivatives markets.

This report conducts a detailed backtest comparing the investment performance of Dollar-Cost Averaging (DCA) versus Buy-and-Hold strategies for BTC, ETH, SOL, GT, and their combinations in Gate.io investment products from September 1, 2021, to December 30, 2024. The report uses an example-based approach to demonstrate the calculation steps and core formulas for each strategy, accompanied by data tables for key periods.